2025-01-22 11:17:54.AIbase.14.9k
AI Programming Tool StackBlitz Set to Raise Funding with a Valuation of $700 Million
According to Bloomberg, developer tool company StackBlitz Inc. is in discussions with investors and plans to raise funds at a valuation of $700 million. The company's CEO Eric Simons stated that the deal will be led by Emergence Capital and GV (formerly Google Ventures), with StackBlitz expecting to raise $83.5 million. The funding will also involve Madrona Venture Group, Con.